US Bitcoin company CoinLab recently announced a partnership with Silicon Valley Bank.
Bitcoin Ready To Go Mainstream With First U.S. Exchange
http://www.forbes.com/sites/saranyak...-u-s-exchange/
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Silicon Valley Bank, a company that provides financial services to emerging growth companies, will be holding deposits of bitcoin and dollars for Coinlab. However, they will not be providing insurance for these deposits. The move will allow North America-based Mt. Gox users to directly convert money from dollars to bitcoin, without having to pay the hefty transaction fees associated with transferring money abroad.
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